U.S. Markets closed

The 60-Second Case for Honeywell as a Strong Dividend Stock

Sophia Cai

(HON) International stock has a modest yield but durable dividend growth prospects. Stock in the industrial conglomerate, whose products range from alarm systems to thermostats to air cleaners, yields just 1.9%, below the S&P 500’s average of 2%. The company’s organic software revenue expanded last year and its free cash flow of $5.6 billion in 2018 was up from $4.9 billion in the previous year.